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By red24 (registered) | Posted July 30, 2010 at 11:08:14
Highwater says: Bob Young lives in North Carolina and therefore has no stake in the long term economic prospects of this city. He has also called his decision to buy the Ticats the worst business decision of his life, so he's not concerned about the long term prospects of the Ticats either. If he were, he'd support the WH. He thinks that a sprawl stadium is his best shot at recouping some of his losses in the short term before he cashes out. But not before leaving us with a tax-sucking white elephant built on a wheatfield.
True enough, I would more or less agree with you. I don't know if he'll cash out or not (if he can recoup his lossess and make them profitable, why would he?), but I agree that he does want to recoup his losses, and that's why the parking is so critical to him, it's a major cash cow. In an earlier post I just corrected the statement that he is an American with no connection to the city.
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